The Department of Transportation Maritime Administration awarded a $500,561 project grant to Moran Iron Works Inc. of Onaway, Michigan under the Assistance to Small Shipyards federal grant program (CFDA 20.814). The grant will support the acquisition of a CNC fabricating system and drill line to facilitate the efficiency, cost effectiveness, and quality of domestic ship construction for commercial and Federal Government use. As a certified HUBZone small business, Moran Iron Works will utilize the new equipment to improve shipbuilding operations at its Onaway facility, consistent with the program's goal of awarding grants for capital improvements and related infrastructure at qualified small shipyards. The July 21, 2022 award has a completion date of July 29, 2024.
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